*Accounting

Course Syllabus

Accounting 11-12 Grades

Rationale and Course Description

Basic accounting knowledge is a foundational building block for all business. In any business, government agency, or non-profit organization transactions must be recorded, maintained, and reported in a timely manner for successful financial decision making. Accounting is a marketable skill and is useful to anyone that plans to be employed in business, own a business, or obtain any kind of post-secondary business degree.

This course is designed to enable the student to (1) learn basic accounting principles in order to prepare for further study in accounting or business and (2) to develop a marketable skill that is in demand for employment.

How will students learn?

Accounting will be taught with an emphasis on learning Generally Accepted Accounting Principles (GAAP) and accounting theory through problem solving and projects. After mastering theory, the student will apply that knowledge to perform accounting tasks in an automated accounting software program that simulates accounting programs used in the workplace. We will use the manual accounting textbook with working papers, the automated accounting textbook with the accompanying computer program, lecture, and video. The student will also learn to use the ten-key desktop calculator, which is a useful skill for many employment opportunities.

Students often relate to and learn well from each other. The student will be teamed with another student as a study partner. The two will work together, help each other, and try to solve problems and develop solutions on their own. This does not include cheating or copying. Study partners will be monitored by the instructor.

Content Outline

Students will learn about generally accepted accounting principals and procedures for sole proprietorship as a service business. They will also study a partnership as a merchandising business. Both will be addressed manually and automated.

How will students be assessed?

Students will be assessed on problems, reinforcement activities, simulations, and test.

Major Projects/Products

Students will complete:

Mastery and Challenge Problems from Textbook
Reinforcement Projects for Accounting Cycle of Sole Proprietorship and Partnership
Automated Accounting Tutorials and Chapter Problems
Career Exploration in the Finance Career Cluster

Learning Resources

Textbooks, Working Papers, Automated Accounting Software, Internet, and other various resources

Grading Policy

Make-Up Work Policy

Use Principles of planning, management, and organization.
1.1	Prepare financial statements for proprietorships.
1.2	Prepare financial statements for partnerships.
1.3	Explain the affect of each account in the accounting equation.
1.4	Analyze changes in financial standing.

Demonstrate knowledge of finance and commerce in global economy.
4.1	Analyze transactions for commerce.
4.2	Maintain and reconcile checking account.

Demonstrate proficiency in the use of technology.
6.1	View, create and edit financial documents using accounting software.
6.2	Input data using accounting software.
6.3	Perform mathematical calculations using ten-key adding machines.

Unit Title:	Suggested Length:
Sole Proprietorship Accounting	16 weeks
Standard & Benchmarks
Accounting 1.1, 1.3, 1.4, 2.1, 4.1, 4.2, 5.1, and 6.3
Content:
Students will learn accounting principles and procedures used in a complete accounting cycle for a sole proprietorship. This will include cash management.
Suggested Student Performance/Product:
Students will demonstrate knowledge of sole proprietorship accounting through textbook chapter mastery and challenge problems and reinforcement activities including accounting for a complete accounting cycle.
Suggested Resources:
Accounting Textbook, Student Working Papers, 10-key machine, and calculator
Pre-AP Extensions:

Unit Title:	Suggested Length:
Automated Accounting	3 weeks
Standard & Benchmarks:
Accounting 6.1 and 6.2
Content:
Students will learn procedures for doing accounting using computer software.
Suggested Student Performance/Product:
Students will demonstrate knowledge of automated accounting through textbook tutorials and chapter problems
Suggested Resources:
Automated Accounting Textbook and software
Pre-AP Extensions:

Standards and Benchmarks

Standard 1

Standard 2

Standard 6

Course Syllabus

Pacing Calendar

Demonstrate knowledge of leadership.
2.1	Compile and present financial information in presentations.

Identify, plan, and prepare for a future career.
3.1	Research jobs in the Accounting industry.

Apply Professional customer service and communication skills.
5.1	Aid others in the understanding of the Accounting equation.

Unit Title:	Suggested Length:
Partnership Accounting	16 weeks
Standard & Benchmarks:
Accounting 1.2, 1.3, 1.4, 2.1, 4.1, 5.1, and 6.3
Content:
Students will learn accounting principles and procedures used in a complete accounting cycle for a partnership doing business as a merchandising business. This will include preparing payroll documents and taxes.
Suggested Student Performance/Product:
Students will demonstrate knowledge of partnership accounting through textbook chapter mastery and challenge problems and reinforcement activities including accounting for a complete accounting cycle.
Suggested Resources:
Accounting Textbook, Student Working Papers, 10-key machine, and calculator
Pre-AP Extensions:

Standard 3: Identify, plan, and prepare for a future career.
3.1	Research jobs in the Accounting industry.
Standard 4: Demonstrate knowledge of finance and commerce in global economy.
4.2	Maintain and reconcile checking account.
Standard 6: Demonstrate proficiency in the use of technology.
6.1	View, create and edit financial documents using accounting software.
6.3	Perform mathematical calculations using ten-key adding machines.

Standard 1: Use Principles of planning, management, and organization.
1.3	Explain the affect of each account in the accounting equation.
Standard 4: Demonstrate knowledge of finance and commerce in global economy.
4.1	Analyze transactions for commerce.
Standard 5: Apply Professional customer service and communication skills.
5.1	Aid others in the understanding of the Accounting equation.
Standard 6: Demonstrate proficiency in the use of technology.
6.2	Input data using accounting software.

Standard 1: Use Principles of planning, management, and organization.
1.2	Prepare financial statements for partnerships.
Standard 2: Demonstrate knowledge of leadership.
2.1	Compile and present financial information in presentations.